Understanding the lost decade of the 1990s is central to explaining japan today following a period of record high growth the chronic downturn after 1990 raised fundamental questions about the course of the worlds third largest economy this crisis also presented japan with the opportunity for transformative change. With introductory and epilogue chapters added here they examine japanese business during the so called lost decades for japan which usually refers to the period after the collapse of asset prices in the early 1990s the main theme of the book is that the 1990s for japan were not really lost rather it was a time for transformation. Get this from a library japans lost decade causes legacies and issues of transformative change william miles fletcher iii peter von staden the lost decade of the 1990s presented japan with the opportunity for transformative change to a future step forward this volume examines both the dynamics of the lost decade and its impact on . Japan lost decade causes legacies and issues of transformative change 6 mitsuhiro fukao japans lost decade and its financial system the bubble and the lost decade gary r saxonhouse and robert m stern 1 introduction a little more than a dozen. The lost decade or the lost 10 years ushinawareta junen is a period of economic stagnation in japan following the japanese asset price bubbles collapse in late 1991 and early 1992 the term originally referred to the years from 1991 to 2000 but recently the decade from 2001 to 2010 is often included so that the whole period is referred to as the lost score or the lost
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